economy
News on the global economies
Germany Boosts Skilled Worker Visas: A Golden Opportunity for Nigerians, Others
Germany Expands Skilled Worker Visa Programs to Attract Global Talent, Address Labour Shortages, and Sustain Economic Growth Amid an Aging Population
Germany is tackling its growing labour shortage by expanding visa opportunities for skilled workers in 2024. The initiative aims … Continue Reading
JUST IN: Central Bank Hacked And Over 62 Billion Allegedly Stolen
Cybersecurity Breach Rocks Uganda’s Central Bank as Officials Downplay Losses and Lawmakers Demand Transparency
KAMPALA, UGANDA– Uganda’s Ministry of Finance has confirmed a cyberattack on the country’s central bank but dismissed claims that hackers made away with as much as … Continue Reading
Nigeria-China Trade Hits $22.6 Billion in 2023
Nigeria-China have achieved a groundbreaking $22.6 billion in trade volume in 2023, marking one of the highest trade relationships in Africa.
Vice-President Kashim Shettima revealed this milestone during a meeting with Zhang Qingwei, Vice Chairman of the Standing Committee of … Continue Reading
Anti-Graft Agency Uncovers Facility Re-bagging 28 Trucks of FG Rice Palliatives
Kano Anti-Graft Agency Uncovers Massive Re-bagging Scheme Involving 28 Trucks of Federal Government Rice Palliatives Allegedly Diverted for Illegal Market Sale
The Kano State Anti-Corruption Commission has exposed a warehouse in Hotoro Western Bypass, where federal government rice palliatives meant … Continue Reading
Trump Announces 25% Tariffs on Mexico, Canada Imports and 10% Tariff on China Imports
Donald Trump has announced plans to impose 25% tariffs on imports from Mexico, Canada, and 10% tariff on imports from China signaling A Bold Push Against Immigration, Drug Crisis, and Global Trade Practices
President-elect Donald Trump In a series of … Continue Reading
N2.7 Trillion Raised from Capital Market in 11 Months – SEC
The commission has also made progress in registering Capital Market Operators, including onboarding FinTechs under its Regulatory Incubation Programmes.
Abuja, Nigeria – The Securities and Exchange Commission (SEC) has revealed that banks and other companies have raised a total of … Continue Reading
Nigeria Saves $20b Following Removal of Petrol Subsidy – Wale Edun
Wale Edun emphasized that the removal of subsidies has brought about a significant change, as individuals can no longer enrich themselves without adding value.
Abuja, Nigeria – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has … Continue Reading
U.S. National Debt Hits Historic $36 Trillion Milestone
Soaring Interest Costs, Growing Deficits, and Aging Population Drive U.S. Debt to Unprecedented $36 Trillion Mark, Sparking Urgent Calls for Fiscal Reform
The United States has reached a sobering financial milestone as the U.S debt surpasses $36 trillion for the … Continue Reading
How to Move to the UK Without a Job Offer: Work Visa Options for Professionals and Graduates
Pathways to the UK: Comprehensive Work Visa Options for Graduates, Young Professionals, and Talented Individuals to Live and Build Careers Without a Job Offer
The United Kingdom offers several work visa pathways for graduates, young professionals, and skilled individuals without … Continue Reading
71% of Nigerian Households Struggle with Soaring Food Prices: Urgent Action Needed
A recent report by the National Bureau of Statistics (NBS) has unveiled a troubling reality: 71% of households in Nigeria are grappling with the adverse effects of skyrocketing food prices.
With inflation reaching historic levels and essential goods becoming increasingly … Continue Reading